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Google (GOOG) To Have A Go At India’s 3G Business
Tuesday, October 27, 2009 - 8:44am | 138After China, India is considered to be one of the fastest growing telecom markets in the world. The latest entrant in this market is search engine giant Google (NASDAQ: GOOG). Google seems to be excited about the opportunities in the growing Indian telecom market. The interest is mainly in...
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Transporation ETF Chart (IYT) Continues Bearish Ways, The Professor Was Right
Monday, October 26, 2009 - 8:33pm | 141The ETF Professor doesn't like to gloat, but I did warn you about the ugliness forming in the iShares Dow Jones Transportation Index Fund (NYSE: IYT) chart last week. The bearishness was confirmed today as IYT closed below its 50-day moving average for a second consecutive day. The ETF remains in...
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Benzinga’s Top Upgrades (MSFT, RVBD, AXP, GNTX)
Monday, October 26, 2009 - 12:12pm | 111Microsoft Corporation (NASDAQ: MSFT) moved up 2.43% to $28.70 Canaccord Adams analyst Peter Misek today raised his rating to Buy from Hold following Friday’s better-than-expected results and raised his price target to $34 from $24. Riverbed Technology, Inc. (NASDAQ: RVBD) also rallied 3.73% to $21....
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Today's Morning Top Gainers (CASB, CHIP, GNTX, CNH, GSI, FULT)
Wednesday, October 21, 2009 - 11:26am | 267Cascade Financial Corporation (NASDAQ: CASB) is today’s top percentage gainer in morning trade and surged 63% today to $2.52. It posted third-quarter net income available to common stockholders of $1.04 million or $0.09 per share compared with a net loss of $6.6 million or $0.55 per share in the...
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Johnson Controls (JCI) Predicts Sales and Earnings Growth in 2010
Tuesday, October 13, 2009 - 7:46am | 53Johnson Controls Inc. (JCI) expects to post improved sales and earnings growth in fiscal 2010 in all its three businesses. It also expects to improve on its global automotive production in 2010, than in 2009. Also, Johnson Controls is looking forward to resumption of higher growth rates in global...
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Cramer is Bullish on AA, MED, JCI, SWKS
Thursday, October 8, 2009 - 8:39am | 132CNBC’s Mad Money Jim Cramer Is bullish on Alcoa Inc. (NYSE: AA) and added that AA go reach “the high teens.” Cramer also likes Medifast, Inc. (NYSE: MED) as a play on President Obama’s intended health-care reforms. But he recommended waiting for a pullback before buying. So far shares of MED have...
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Stocks to Watch (COST, WWW, YUM, DAN, BARE, AAI)
Wednesday, October 7, 2009 - 7:00am | 424Costco Wholesale Corporation (NASDAQ: COST) reported Net sales for the fiscal 2009 fourth quarter ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period a year ago. Net income for the fourth quarter of fiscal year 2009 was $374 million, or $.85 per share, compared...
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Biggest Losers (XRX,FRP,CLSN,CRXL,QTWW)
Monday, September 28, 2009 - 12:31pm | 282Xerox Corporation (NYSE: XRX) fell sharply 17.46% to its more than one month low $7.41 on massive volume of 58.18 million shares after it announced Monday that it will buy business process outsourcing and data center management company Affiliated Computer Services (ACS) for $6.4 billion in...
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Limit Buy Order List
Sunday, September 27, 2009 - 8:22pm | 604I've received some requests for what I have in my growing limit buy order list, so I've decided to do an update with current candidates. Keep in mind I don't intend for all these to hit; I have staggered prices along the way and in different buckets with the hope that maybe half a dozen will...
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A123 Systems (AONE) - Hype or Hope?
Thursday, September 24, 2009 - 11:15am | 1259An interesting IPO today in A123 Systems (AONE) - I don't know enough about it to tell if it is hype or hope. I do remember similar companies a decade ago flying off the handle on hype - Ballard Power (BLDP) and FuelCell Energy (FCEL) are the first two to come to mind. [I encourage you to pull up...
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Dana Holding Corporation (DAN) Announces 34M Public Share offering
Thursday, September 24, 2009 - 5:46am | 100Dana Holding Corporation (NYSE: DAN) today announced that it has priced a public offering of 34M shares of its common stock at $6.75 per share. The size of the common stock offering has been increased from the previously announced 27M shares.Dana is a world leader in the supply of axles;...
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Ballard Power Systems (BLDP) Announces Agreement for Backup Power Solutions in India
Wednesday, September 23, 2009 - 5:35am | 70Ballard Power Systems (NASDAQ: BLDP), announced the agreement between IdaTech, ACME Group and Ballard Power Systems ( BLDP) for the development and supply agreement for hydrogen and natural gas-based backup power systems. Ballard is recognized as a world leader in the design, development,...
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Missed STEC (STEC) Purchase by 23 cents
Tuesday, September 22, 2009 - 11:21am | 614Just missed on our limit order of STEC (STEC) - the low of the day yesterday was $28.48 and our limit buy was $28.25. [Sep 18, 2009: Will STEC Fill its Gap?] Today the stock is back in the low $30.00s; looks like $28.50 was the magic number in this case. I would expect if it gets back to $33ish...
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Modine Manufacturing Company (MOD) Commences Common Stock Offering
Monday, September 21, 2009 - 8:29am | 67Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced that it has commenced a public offering of 9,000,000 shares of its common stock. Accordingly, Modine intends to grant the underwriters an option to purchase up to an...
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Stocks On The Move (AXL,DSCO,MGM,CMRO)
Friday, September 11, 2009 - 11:53am | 224American Axle & Manufact. Holdings, Inc. (NYSE: AXL) surged as much as 20% to $7.58 on an usual volume of 15.08 million shares after Barclays Capital upgraded the stock to overweight from equal weight and lifted its price target on the stock to $13.00 from $8.00. Discovery Laboratories, Inc. (...